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Larry Cheng on PPshow tonight along with Pulte! (x.com)

submitted 11 months ago by [email protected] to c/[email protected]

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Title says it all.

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[–] [email protected] 4 points 11 months ago (1 children)

The only thing I came out of it with is we need to organize tomorrow and try and get the waterfall status from the plan administrator.

If you search for waterfall and bankruptcy some case precedent does come up. Check out this one, where the plan administrator openly has some conflicts of interest as a common shareholder and even brings a suit against preferred shareholders:

https://www.pbwt.com/bankruptcy-update-blog/court-holds-plan-administrator-didnt-have-a-conflict-in-bringing-a-lawsuit-against-preferred-shareholders

"... the Plan Administrator argued that he was protected by an exculpation clause in the debtor’s plan of reorganization. "

^ So maybe we should dig for Plan Administrator clauses in the plan of reorganization?

Totally agree that the helicopter was a clue. Maybe in the serial number (2043)? Ownership history? Where it's been flown? N212SP It seems to stick in the FL area and not go anywhere fancy.

https://globe.adsbexchange.com/?icao=a1c28e&lat=27.309&lon=-80.331&zoom=11.2&showTrace=2023-10-23×tamp=1698082260

[–] [email protected] 4 points 11 months ago* (last edited 11 months ago)

Great idea about tracking the 'choppa. It seems to use the Pompano Beach Airport as its home base, so unless specified all logs start there. N212SP is owned by "Airman Helicopter Inc." so it appears to be a charter chopper. It is NOT frequently flown.

Nov 24: Busy day of shuttling to/from places, but note the loops before landing in Pompano Beach:

Started outside Port St. Lucie, Treasure Coast Airpark
Causeway Island, stopped for about 10 min
Vero Beach, stopped for about 30 min at an undeveloped field (not airport) - near Game Street, FWIW.
Stuart, stopped at Witham Field for literally 30 seconds
Palm Beach Shores, flew two circles over the tidal zone at latitude of Bamboo Rd.
Ocean Vue, flew one circle over the tidal zone at latitude of Sevilla Dr.
Landed at Pompano Beach Airport

Nov 28: Flew laps over a nature preserve, landed in Ft. Lauderdale for 2 min, then returned.

Dec 08: Went to southern Palm Beach and without landing U-turned over the tidal zone (around Algoma Rd, Kings Rd. a block or two north of the infamous Mar-a-Lago) and returned. Joyride? Algoma Rd reminds me of algo...rithm.

Dec 14: Went to Pompano Community Park - literally a few blocks away (to pick up PP?) and then flew right back to the airport for the event.

I don't have time to survey the land ownership of each property around the circle points, being the only remotely interesting indications in the flight history. I've taken this as far as I'm willing to go without feeling crazy or stalk-y. County records typically contain ownership info, such as this example of one property near the u-turn on Dec 8: https://pbctax.publicaccessnow.com/PropertyTax/Account.aspx?p=50-43-43-35-00-002-0430&a=1282741 Mind you many wealthy people likely have obfuscated custody of the properties they own, so this might be a futile endeavor. No, Ryan Cohen or Carl Icahn don't live anywhere near where the chopper went, although I discovered they do live within a mile of each other (Indian Creek, Bal Harbour).